The government is believed to have met the fiscal deficit target of 4.1 percent of GDP for 2014-15, helped by last minute payment of Rs 10,808 crore by telecom companies for spectrum and tax receipts in March

Recent regulatory developments, which have led to huge uncertainty, could have significant implications for the future of telecom sector and impact India's global competitiveness, Bharti Airtel Chairman Sunil Mittal said on Wednesday.